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January 16, 2014

Yahoo No 2 Fired by No 1 : Marissa Mayer



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Marissa Mayer Fires Ex Googler henrique


Yahoo's Marissa Mayer fires COO more than a year after she wooed him away from Google -  "Yahoo's No. 2 executive, Henrique de Castro, has been fired by his boss, Marissa Mayer, a little more than a year after she wooed him away from Google to help her turn around the struggling Internet company.


Marissa had a difficult time with both the Wall street and the Internal Employees, both falling out of options, as she continues to believe that Yahoo is a moving ahead , towards making it a lean, big  with the start up culture ( which she had learnt at Google ) by making decisions that  are hard to make, but she is determined to take everyone , at the same time,letting people go if it does not meet her expectations

Yahoo, which has lost ground in recent years to competitors like Google and Facebook, announced de Castro's departure in a terse, two-sentence document filed with the Securities and Exchange Commission after the stock market closed Wednesday.

In a memo  which was clearly" blunt  instead of the sugar coating that comes with it says 

 "I made the difficult decision that our COO, Henrique de Castro, should leave the company. I appreciate Henrique's contributions and wish him the best in his future endeavors.Overall, I'm confident that the leadership team, our direction, and these changes will enable even more successful execution,"

Mayers message was terse and blunt , indicating that she will do everything to steer the ship in the right direction. no matter how big or small they are across the corporate hierarchy


Tags:Henrique de casto, Google, technology, Yahoo, Marissa Mayer,Online, Advertising, Internet, Google,